Vault-13

COGNITION THERAPEUTICS INC CGTX

COM · Common Stock · CUSIP 19243B102

Company in Pittsburgh, United States

49 institutional holders -3 vs Q1 2025
11,222,50811.2m shares reported held*
15.3% of all shares outstanding*
$3.5mreported value*
7 new 10 added 7 reduced 10 sold out net sold ≈ $125.6k (-405.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 73.5m as of 2025-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $0.31.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 32Q4 22: 35Q1 23: 33Q2 23: 36Q3 23: 37Q4 23: 38Q1 24: 48Q2 24: 47Q3 24: 41Q4 24: 46Q1 25: 52Q2 25: 4949Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202232
Q4 202235
Q1 202333
Q2 202336
Q3 202337
Q4 202338
Q1 202448
Q2 202447
Q3 202441
Q4 202446
Q1 202552
Q2 202549

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 7 bought or addedQ3 23: 8 cut or sold outQ4 23: 16 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 15 cut or sold outQ2 24: 19 bought or addedQ2 24: 14 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 19 cut or sold outQ4 24: 18 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 21 bought or addedQ1 25: 16 cut or sold outQ2 25: 17 bought or addedQ2 25: 17 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202378
Q4 2023166
Q1 20242415
Q2 20241914
Q3 20241519
Q4 20241811
Q1 20252116
Q2 20251717

Biggest buyers

Chescapmanager LLC New +503,259+503.3k
VANGUARD GROUP INC Added +65,183+65.2k
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management New +48,000+48.0k
NWAM LLC New +42,777+42.8k
RENAISSANCE TECHNOLOGIES LLC Added +40,700+40.7k
XTX Topco Ltd New +16,603+16.6k
GOLDMAN SACHS GROUP INC New +14,635+14.6k
JANE STREET GROUP, LLC New +13,214+13.2k
TWO SIGMA INVESTMENTS, LP Added +12,655+12.7k
Creative Planning Added +12,000+12.0k

Biggest sellers

Sigma Planning Corp Reduced -460,400-460.4k
ACADIAN ASSET MANAGEMENT LLC Reduced -305,646-305.6k
CM Management, LLC Reduced -150,000-150.0k
BlackRock, Inc. Reduced -77,702-77.7k
Vanguard Personalized Indexing Management, LLC Sold out -56,002-56.0k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -41,665-41.7k
TWO SIGMA SECURITIES, LLC Sold out -31,750-31.8k
SG Americas Securities, LLC Sold out -23,107-23.1k
GSA CAPITAL PARTNERS LLP Sold out -22,354-22.4k
Kestra Advisory Services, LLC Reduced -21,500-21.5k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BIOS Memory SPV I, LP 13D · may seek influence filed 2025-09-23 6.9% 6.1m≈ $7.0m 2025-09-23

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 1 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 1 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20241$10.0k0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20251$29.9k0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BIOS Capital Management, LP 2.56% of their portfolio Fort Worth, TX 6,000,0006.0m $1.9m $1.9m 2.56% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,304,3501.3m $404.3k $404.3k 0.00% Added +65.2k +65,183
3 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 701,940701.9k $216.0k $216.0k 0.00% Reduced -305.6k -305,646
4 Chescapmanager LLC 0.03% of their portfolio BALTIMORE, MD 503,259503.3k $155.9k $155.9k 0.03% New
5 Voss Capital, LP 0.01% of their portfolio HOUSTON, TX 450,000450.0k $139.4k $139.4k 0.01% Unchanged
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 368,720368.7k $114.2k $114.2k 0.00% Reduced -241 -241
7 CM Management, LLC 0.07% of their portfolio GULF BREEZE, FL 250,000250.0k $77.5k $77.5k 0.07% Reduced -150.0k -150,000
8 AMERICAN FINANCIAL GROUP INC 0.02% of their portfolio CINCINNATI, OH 205,000205.0k $63.5k $63.5k 0.02% Unchanged
9 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 155,934155.9k $48.3k $48.3k 0.00% Reduced -21.5k -21,500
10 Sigma Planning Corp 0.00% of their portfolio ANN ARBOR, MI 147,990148.0k $45.8k $45.8k 0.00% Reduced -460.4k -460,400
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 121,850121.8k $37.7k $37.7k 0.00% Unchanged
12 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 96,40096.4k $29.9k $29.9k 0.00% Added +40.7k +40,700
13 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 95,19995.2k $29.5k $29.5k 0.00% Added +12.7k +12,655
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 76,85576.9k $23.8k $23.8k 0.00% Reduced -77.7k -77,702
15 Northeast Financial Consultants Inc 0.00% of their portfolio WESTPORT, CT 63,35163.4k $19.6k $19.6k 0.00% Unchanged
16 FCA CORP /TX 0.00% of their portfolio HOUSTON, TX 52,53652.5k $16.3k $16.3k 0.00% Added +1.1k +1,065
17 Circle Wealth Management, LLC 0.00% of their portfolio SUMMIT, NJ 48,84248.8k $15.1k $15.1k 0.00% Unchanged
18 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.00% of their portfolio Seattle, WA 48,00048.0k $14.9k $14.9k 0.00% New
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 47,48547.5k $14.7k $14.7k 0.00% Unchanged
20 CASTLE WEALTH MANAGEMENT LLC 0.00% of their portfolio BOYNTON BEACH, FL 44,00544.0k $13.6k $13.6k 0.00% Added +625 +625
21 NWAM LLC 0.00% of their portfolio MERCER ISLAND, WA 42,77742.8k $25.1k $25.1k 0.00% New
22 Essex Financial Services, Inc. 0.00% of their portfolio ESSEX, CT 39,59539.6k $12.3k $12.3k 0.00% Unchanged
23 Bangor Savings Bank 0.00% of their portfolio BANGOR, ME 34,01934.0k $10.5k $10.5k 0.00% Unchanged
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 31,06931.1k $9.6k $9.6k 0.00% Unchanged
25 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.00% of their portfolio New York, NY 28,50028.5k $8.8k $8.8k 0.00% Unchanged
26 Bryn Mawr Trust Advisors, LLC 0.00% of their portfolio PHILADELPHIA, PA 23,33723.3k $7.2k $7.2k 0.00% Unchanged
27 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 22,00422.0k $6.8k $6.8k 0.00% Added +12.0k +12,000
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 22,00022.0k $6.8k $6.8k 0.00% Added +1.0k +1,000
29 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,00017.0k $5.3k $5.3k 0.00% Reduced -7.5k -7,462
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 16,76716.8k $5.2k $5.2k 0.00% Added +10.2k +10,200
31 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 16,60316.6k $5.1k $5.1k 0.00% New
32 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 16,05116.1k $5.0k $5.0k 0.00% Unchanged
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 14,63514.6k $4.5k $4.5k 0.00% New
34 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 13,79713.8k $4.0k $4.0k 0.00% Unchanged
35 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,21413.2k $4.1k $4.1k 0.00% New
36 Smith Anglin Financial, LLC 0.00% of their portfolio DALLAS, TX 12,00012.0k $3.7k $3.7k 0.00% Unchanged
37 BRADLEY FOSTER & SARGENT INC/CT 0.00% of their portfolio HARTFORD, CT 11,72211.7k $3.6k $3.6k 0.00% Unchanged
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,25511.3k $3.5k $3.5k 0.00% Added +11.3k +11,254
39 Apella Capital, LLC 0.00% of their portfolio WEST HARTFORD, CT 11,20011.2k $6.5k $6.5k 0.00% Unchanged
40 Chicago Partners Investment Group LLC 0.00% of their portfolio CHICAGO, IL 10,80010.8k $8.7k $8.7k 0.00% Unchanged
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,35010.3k $3.2k $3.2k 0.00% New
42 Retirement Planning Group, LLC 0.00% of their portfolio LEAWOOD, KS 10,00010.0k $3.1k $3.1k 0.00% Unchanged
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,00010.0k $4.0k $4.0k 0.00% Unchanged
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $310 $310 0.00% Unchanged
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 495495 $153 $153 0.00% Added +190 +190
46 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 401401 $124 $124 0.00% Unchanged
47 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 200200 $62 $62 0.00% Unchanged
48 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $0 $0 0.00% Unchanged
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged